Comment on FTC lays out new rule that could end hidden fees | The agency is proposing a new rule that could require businesses, from hotels to ticket sellers, to provide clear disclosures on costs and whether...

• ericisshort@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Most people would go to the one with the cheaper posted price but with hidden fees than the one with the more expensive all inclusive price. Market data shows this tactic works, and the fact of the matter is that people are consistently fooled into paying higher prices because of hidden fees.

  Why else would most companies consistently hide fees rather than be transparent unless it positively affects their bottom line?

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